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3862-64 Terrace Street

PHILADELPHIA, PA 19128
  • $160,000
  • STATUS: Active
  • ON SITE: 79 Days
  • ID#: PAPH2567490
UPDATED: 12 min ago
$160,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1940
County:

School Ratings & Info

School District:

Description

Turn-Key Breakfast & Lunch Restaurant Opportunity. This is a fully built-out, turn-key breakfast and lunch restaurant located in a high-visibility space with a large dining room and efficient layout. Upon entry, guests are welcomed into a spacious dining area featuring fast, convenient keypad ordering systems and ample seating. The front of the restaurant includes large display counters, while coffee and beverage preparation areas are positioned behind the counters for efficient service. To the right side of the space, there is a dedicated office and storage room. On the left, the restaurant offers two ADA-compliant bathrooms. The layout provides plenty of room for dining tables and customer comfort. Toward the back, the property features a fully equipped commercial kitchen, including: Walk-in refrigerator, Stand-up freezers, Ovens, Commercial hood system. Extensive commercial equipment. Dishwasher (owned and included in the sale). Please refer to photos for additional details. The building owner is currently operating the business and is open to a new lease proposal. Lease rate: $4,500 per square foot + NNN. Seller is also open to selling the building and restaurant business for $950,000. which includes an upstairs apartment currently tenant-occupied at $2,000/month. All buyers must provide Proof of Funds to schedule a showing. Do not disturb employees or operations at the location Contact me for additional details and confidential inquiries.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jon Freedman with The Val Nunnenkamp Team | Keller Williams Marlton. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-03-05T20:55:08.92.
www.jonfreedman.com/homes/171410922
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3862-64 Terrace Street PHILADELPHIA, PA 19128

  • Price: $160,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 12 min ago
  • ID#: PAPH2567490
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1940
Built
Neighborhood:
Manayunk
County:
Philadelphia
Area:
19128 (19128)
School District:
Philadelphia City
Property Description
Turn-Key Breakfast & Lunch Restaurant Opportunity. This is a fully built-out, turn-key breakfast and lunch restaurant located in a high-visibility space with a large dining room and efficient layout. Upon entry, guests are welcomed into a spacious dining area featuring fast, convenient keypad ordering systems and ample seating. The front of the restaurant includes large display counters, while coffee and beverage preparation areas are positioned behind the counters for efficient service. To the right side of the space, there is a dedicated office and storage room. On the left, the restaurant offers two ADA-compliant bathrooms. The layout provides plenty of room for dining tables and customer comfort. Toward the back, the property features a fully equipped commercial kitchen, including: Walk-in refrigerator, Stand-up freezers, Ovens, Commercial hood system. Extensive commercial equipment. Dishwasher (owned and included in the sale). Please refer to photos for additional details. The building owner is currently operating the business and is open to a new lease proposal. Lease rate: $4,500 per square foot + NNN. Seller is also open to selling the building and restaurant business for $950,000. which includes an upstairs apartment currently tenant-occupied at $2,000/month. All buyers must provide Proof of Funds to schedule a showing. Do not disturb employees or operations at the location Contact me for additional details and confidential inquiries.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Property Condition Excellent Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3500.00 Building Features Walk-In BoxOven/Range(s)Fire AlarmExhaust SystemBasementSignage Allowed Cooling Central A/C Exclusions Tenants and belongings Heating Central Heating YN Yes Inclusions Restaurant Business AssetsFurnitureFixturesEquipmentLease proposal $4500 +NNN Security Features Surveillance SysSmoke DetectorSecurity System

Property Features

Acceptable Financing Cash Accessibility Features 36"+ wide Halls Central Air YN Yes Cooling Fuel Electric Cross Street Ridge Ave Current Use Restaurant Heating Fuel Natural GasElectric Historic YN No Hot Water Natural Gas Lease Considered YN No Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 2 Original MLSNumber 804367951574 Ownership Interest Leasehold Property Sub Type Mixed Use Purchase Optional YN Yes Sale Type StandardThird Party Approval Sewer Public Sewer Tax Annual Amount 5881.00 Tax Lot 54 Vacation Rental YN No Water Source Public Zoning CMX1 Zoning Description Restaurant and apartment

Listing courtesy of Keller Williams Realty: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jon Freedman with The Val Nunnenkamp Team | Keller Williams Marlton. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-03-05T20:55:08.92.
 
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Jon Freedman with The Val Nunnenkamp Team | Keller Williams Marlton
103 E Route 70, Suite D
Marlton NJ, 08053